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5 Hiring and Retention Strategies for Healthcare | ClearCompany

ClearCompany HRM

Hospitals see an incredible 100% turnover every five years and lose as much as $9 million annually due to turnover. Experts also expect a shortage of physicians by 2025. We’ll also look at winning strategies health systems use for hiring and retention. Did you know hospitals see 100% employee turnover every 5 years?

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Dr. Tasha Eurich on Unleashing Potential through Self-Awareness

HR Digest

As a data-driven psychologist, she demystifies the balance between analytics and intuition, offering a blueprint for continuous learning and personal growth. Navigating constant change is crucial today, and I’m diving deep into this question in my upcoming book, Becoming Shatterproof (out in 2025).

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Employee Benefits: The Only Guide You Need

Achievers

These are benefits an employer voluntarily offers employees, and benefits programs are a top employee recruitment, retention, and engagement strategy. . They will comprise 75 percent of the global workforce by the year 2025, an important fact to know in a globalized labor market. . What are benefits that are voluntary?

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How To Attract and Retain Talent Through Salary Benchmarking

HR Shelf

It becomes even more relevant among the ‘Gen Z’ workers — who will account for over a quarter of the total workforce by 2025 as they are apparently highly motivated by pay. Prioritizing retention Of course, attracting talent is just half the battle — the real challenge lies in retaining your most skilled employees.

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Employee Attrition: Meaning, Impact & Attrition Rate Calculation

Analytics in HR

Even though the term is often used interchangeably with employee turnover , it’s not the same. Employee attrition vs. employee turnover Types of employee attrition Is employee attrition always bad? Employee turnover measures all employment terminations, including those positions that are refilled by new employees.

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Best Practices for Employee Development and Training

Primalogik

The authors found that 86% of HR leaders say training improves retention. By 2025, 50% of employees will need to engage in reskilling efforts. Increasing turnover because employees won’t see a future for themselves at the company. Strengthening retention. And 83% say it’s a great recruitment tool.

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Social Capital in the Workplace: How HR Can Build Stronger Employee Connections 

Analytics in HR

Social capital builds trust between colleagues and managers, motivates employees to go beyond their job duties, improves retention, and makes staff more likely to recommend their company as a great place to work. Strained relationships lead to limited collaboration, low morale, and higher turnover rates.